Paladin Energy Ltd (PDN) PT Lowered to C$0.10

Paladin Energy Ltd (TSE:PDN) had its price objective cut by Scotiabank from C$0.11 to C$0.10 in a research note issued on Monday. The firm currently has an “underperform” rating on the stock. Scotiabank’s target price suggests a potential upside of 5.26% from the stock’s previous close.

Separately, TD Securities cut their price target on Paladin Energy from C$0.20 to C$0.15 and set a “hold” rating for the company in a research note on Wednesday, November 16th.

Paladin Energy (TSE:PDN) opened at 0.095 on Monday. Paladin Energy has a 1-year low of $0.09 and a 1-year high of $0.27. The stock’s market capitalization is $162.72 million. The stock’s 50 day moving average price is $0.14 and its 200 day moving average price is $0.18.

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Paladin Energy Company Profile

Paladin Energy Limited (Paladin) is an Australia-based uranium production company. The Company is engaged in the development and operation of uranium mines in Africa, together with global exploration and evaluation activities in Africa, Australia and Canada. Paladin had accumulated a portfolio of advanced uranium projects each having production potential.